Doubts

• Los precios del petróleo se dispararon en medio del conflicto entre Irán y EE. UU. que amenaza los suministros mundiales, pero las acciones de EE. UU. se mantuvieron resilientes cerca de máximos históricos impulsadas por los sólidos resultados de Visa y Starbucks el 29 de abril de 2026. • El S&P 500 bajó un 0,1%, el Dow cayó 286 puntos o un 0,6%, el Nasdaq subió un 0,1%; las acciones de Visa saltaron un 8,3% por el gasto resiliente de los consumidores según el CEO Ryan McInerney, Starbucks subió un 8,6% con un mayor gasto por visita en América del Norte. • Funcionarios de la Reserva Federal insinuaron que no habrá recortes de tasas en 2026, eliminando prácticamente las apuestas de los inversores y favoreciendo casi los aumentos debido a la inflación por los precios de la energía; el mercado de bonos tembló.

Standoff between Iran and US continues as both impose blockades of critical shipping waterway Iranian forces have seized two ships in the strait of Hormuz, as the US and Iran doubled down on imposing separate blockades of the critical shipping waterway that have choked global energy markets.The standoff over the narrow waterway – through which about 20% of the world’s oil and liquefied natural gas passed through during peacetime – raised doubts about whether stalled peace negotiations would resume. Continue reading...

• Oracle reported earnings that exceeded expectations, lifting its stock price, while Adobe continues to face investor skepticism over its AI strategy and competitive positioning amid broader tech sector repricing. • Morningstar downgraded Adobe's economic moat rating alongside Salesforce and ServiceNow, citing concerns that AI disruption could erode traditional software competitive advantages and justify lower valuation multiples. • The broader earnings season reveals a disconnect between traditional valuation metrics and AI disruption risks, prompting investors to reassess which software companies can sustain pricing power and market share in an AI-transformed landscape.